Not-for-profit life plan communities sector remain ‘resilient’ during pandemic: report
By
Kathleen Steele Gaivin
Sep 16, 2021
Life plan communities held their ground throughout the pandemic by using various forms of emergency funds to offset increased expenses and pressured cash flows during the public emergency, according to...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
Pace of nonprofit senior living sponsorship transition activity in 2021 has accelerated: Ziegler
By
Amy Novotney
Sep 07, 2021
Approximately 630 nonprofit, market-rate senior living communities have changed hands since 2015, according to an analysis released last week by specialty investment bank Ziegler.
Healthpeak down to final $150 million in rental senior housing sales
By
Kimberly Bonvissuto
Aug 05, 2021
Healthpeak Properties continued its substantial exit from rental senior housing in the second quarter, as well as a strategic acquisition and development pipeline across all of its business segments, CEO...
Boutique dining service starts up in life plan communities segment
By
Kathleen Steele Gaivin
Aug 05, 2021
With financial backing from Elinor North America, start-up Culinesse is broadening its ambition to serve up culinary feasts in the life plan community segment of senior living.
CCRC uses interactive gaming system to improve residents’ quality of life
By
Kimberly Bonvissuto
Jul 23, 2021
A Fairfax, VA, continuing care retirement community is among the first in the nation to use an interactive gaming system with microchip-based technology designed to improve the quality of life for older...
Assisted living, personal care home directors in CCRCs see 1.35 percent salary increase: report
By
Kimberly Bonvissuto
Jul 06, 2021
Directors of assisted living/personal care in continuing care retirement/life plan communities saw a 1.35% average salary increase from 2020 to 2021, with pay increasing from $77,507 in 2020 to $78,551...
Life plan communities resilient but not out of the woods: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 30, 2021
As the long-term care sector emerges from the pandemic, Fitch Ratings expects that life plan communities will continue to consolidate over the next few years.
CCRC sued by former residents demanding refund of $400,000 entry fee
By
Kathleen Steele Gaivin
Jun 18, 2021
A New Hampshire continuing care retirement community facing financial issues is being sued by two former residents seeking a refund of their entry fee, which totaled more than $400,000.
Don’t sit on these revenue-generating opportunities
By
Steve McDonald
Jun 14, 2021
Creating a virtual marketplace represents a tremendous business opportunity for innovators who want to see their residents and local older adults thrive.